Tax implications on short sale

October 1, 2008, 2:46 pm, in Selling

I'm short selling my property. I have a renter who's made an offer 60,000 less than what I owe and at the appraised value. Q: Can I demand a letter from lender to credit agencies that it was paid in full? Q: Will I have to pay tax on short sale. Q: Which is better. Foreclosure, Deed back to them or short sale? Q: Will this effect my credit...

Please help me

September 24, 2008, 12:52 pm, in Buying

My husband and i recently made an offer on a home that we absolutely adore. The owners counteroffered and our realtor said that we should wait it out a few days and make another offer. A couple days passed and then we made another offer. Again the owners said no. So we thought that thrid time would be the charm and offered them the counter offer that the had made to us. The husband was on board but the wife got cold feet. So they decided that they were happy with the offer but they didnt...

easements and rightaways

September 17, 2008, 11:01 am, in Legal

i live on a private road with 17 other residents ,a private club ownes 1,400 feet of the road we must use to get to our homes how do i find out what is written in the easment and who is responsable for the maintanance of the road ,is this information somthing that should be recorded at the registor of deeds and how do i obtain this...

Existing Credit Towards New Home Construction

September 12, 2008, 2:33 pm, in Legal

We had a new home built in Utah, but due to a job change we had to move out of state just as the home was completed and instead of trying to sell the home on our own, we took a loss and the builder kept the down payment, in addition to the new build construction fee, then they sold the house on their own and they made a decent profit on it. We took a total loss of close to 25k, however, the builder did send us a letter afterwards which gives us a credit of $11k we can use towards building a new

Do I have recourse

July 28, 2008, 2:42 pm, in Homeownership

Hello, I purchased my house in September of 2005. As I had lived in the house for a year and a half I felt I knew the house well enough and agreed to purchase "AS IS". I purchased the house it was listed as 1800 sq ft. The house in 2000 sq ft. I need to do some electrical work and roofing. In surveying the work I want to get the addition plans before proceeding. Apparently there was never a permit pulled to do the addition. The work apparently was performed by the owner previous to the party...